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2921  Other / CPU/GPU Bitcoin mining hardware / Re: Black arrow prospero x-1??? on: January 01, 2014, 10:46:12 PM
I am in Australia, I would like to by a prospero x-1 (not 10) I don't know where to place an order, I have asked in other Black Arrow threads but can't seem to get a definitive answer on who the reseller for Australia is.

Anyone know?



No Australian reseller afaik. Best choice would probably be minersource.net
2922  Economy / Securities / Re: [CANNABIT] Investment Details - Announcement & Discussion Thread #cannabit on: January 01, 2014, 10:15:40 PM
I bought shares mostly because i want to invest in something with potential good returns that are practically independent from bitcoins. So if anything fails with bitcoin, when bitcoins are crashing or forbidden then this investment will still stay alive.
The other thing is that i believe, from writing with him, that the issuer is a honest and fine guy. I really await that he will keep communicating. The communication issues with other securities is what drives me away from them. I dont see this coming here.

I also asked a question and got an immediate response via pm. Great communication and I hope it can stay this good. Too often we see great communication for a few weeks but then after ipo all communication becomes incredibly slow or disappears completely.
2923  Other / CPU/GPU Bitcoin mining hardware / Re: Can i run 2x 7970 + 1x 280x with 850W PSU? on: January 01, 2014, 06:36:17 AM
7970's/280x needs a solid 20A+ of 12V.

I'd say no, you won't be able to run more than two. Not unless you really limit the voltage/hashrate.

IIRC 30A of 12V is recommended for those cards.
2924  Other / CPU/GPU Bitcoin mining hardware / Re: zte-asic miners, 2TH shipping in January? on: January 01, 2014, 06:32:29 AM
Hmmm, I am actually fairly close by, and I work just across the river on the Virginia side.  Maybe I should drop by and see what I can see.  I'd definitely want to see a benchmark, stats from a recognized pool, and inside the machines for a start.

Don't bother unless you are in possession of this new technology called a camera.
2925  Bitcoin / Hardware / Re: Least reliable company? on: January 01, 2014, 04:24:56 AM
Bick has rapidly supplanted PuertoFailbre as my most loved and useful minion.  I am pleased as to how easy he is to manipulate... makes PL and the Clown Crew look like certified geniuses by comparison.

The scoreboard is awesome.  Out of 40,000 customers, 231 have voted negatively... so by Bick's and LittleD(umbass)'s logic, over 39,000 people are happy and satisfied with BFL.  39,000 satisfied customers... no other vendor even has that many customers, satisfied or not. 

BOOM!  Scoreboard, BRO! 50x the satisfied customers as any other vendor!

If you would like to file a complain against Butterfly Labs with the State of California,
Here are the Links,
http://kepler.sos.ca.gov/

https://www.dca.ca.gov/webapps/cru/gencomplaint.php

http://www.ftc.gov/about-ftc/bureaus-offices/bureau-consumer-protection

Can someone write a formal complaint that I and everyone else can just copy/paste? Don't feel like spending the time to write a formal complaint yet I would love it if BFL imploded yesterday.
2926  Other / CPU/GPU Bitcoin mining hardware / Re: [WARNING SCAM] BUTTERFLY LABS FAKE SITE on: December 31, 2013, 04:05:32 AM
Hey everyone please check the url when visiting bfl as the website www.butterflyiabs. com is almost an identical copy,  further it shows them having 28 nm tech available. 

Beware

Still less of a scam than the real BFL.
2927  Bitcoin / Hardware / HashFast comparisons with BFL and CoinTerra on: December 31, 2013, 03:59:20 AM
As BTC was created to give us control of our own money and not in the hands of large corporations the whole system works on the belief that there are more good and honest people who will do the right thing when making a sale/transaction/business.  Meaning that we will give up the ability to "charge back" our transaction if we did not get what was promised.  Even taking this to court is just another place that BTC will become more regulated by the Government taking away from the whole point of BTC in the first place.

This is just sad and getting worse every minute/hour/day... one day the government may just outlaw BTC and then only outlaws will have BTC!

+1000

You are absolutely right, and in recent days I've wondered if other people with vested interests in Bitcoin, who are not Hashfast customers, may not also become very pissed off with this situation,  because Hashfast's bullshittery and greed may have the effect of drawing further government regulatory attention, and that may significantly contribute to undermining the autonomy of bitcoin.

Hah.  Have Hashfast's scam victims start writing to Congress to demand regulation so more people don't get screwed like us.  That'll be sure to make Hashfast persona non grata in the upper echelons of the bitcoin world.



There is really a simple solution. Stop giving your money to strangers who don't have a working product and have never sold a working product. Preordering hardware is incredibly stupid(for consumers) especially when NRE costs are supposedly covered.
2928  Bitcoin / Hardware / HashFast comparisons with BFL and CoinTerra on: December 31, 2013, 03:50:56 AM
A little premature to sing cointerra praises until they ship. They also scumbagged people saying they were on track to ship in december.

Jan 15 is to Cointerra customers as November 15th is to Hashfast.

Had Hashfast only been 2 weeks late I would have been happy.  They have most definitely not been 'scumbagged'.

Same scumbag diffferent face. They missed every date they set. Even the chip packaging date was missed. They did the same saying they were on schedule in late October as Hashfast. I'd bet 100% they dont ship in Jan. 

I bet neither ship until march/april. I am feeling a bit of deja vu from exactly a year ago when I thought I would receive my jalapeno in february.
2929  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][Pool][Profit-Switch][Optional Auto-Exchange per Coin][Vardiff] ~ Hashcows on: December 31, 2013, 03:46:31 AM
Question, so i started back mining here , because the way you guys handle that mess. I know we cant log in or anything, that said whats my kh/s going too? A one day when all bugs are fixed I'll get a big payout? Or still auto paying out to the address on account, seeing i am basically flying blind here.. Feel like i am on middlecoin Sad

Icon



I can still see my hashrate just nothing else.
2930  Alternate cryptocurrencies / Pools (Altcoins) / Re: [ANN][Pool][Profit-Switch][Optional Auto-Exchange per Coin][Vardiff] ~ Hashcows on: December 30, 2013, 09:53:31 PM
So I am not the only one having login issues? When I login it seems to half work. No "wrong password" error and my hashrate is displayed but nothing else. No personal balances and the login form still active.

Hoping this gets fixed soon.
2931  Economy / Securities / Re: ASICMINER Speculation Thread on: December 29, 2013, 11:22:34 PM
Looking at the genesis block, the network hash rate will be 132.6 Ph/s on 14th April. If AM had 100 Th/s at that time then:

* AM would have 0.1 * 100 / 132.6 = 0.075% of the network hash rate.
* With 50,400 BTC mined per round, AM would get 37.8 BTC per round.
* With 37.8 BTC mined per round by AM, that would equate to 0.0000945 BTC per round per share


If we then plug in the numbers for AM's proposed batch size of 2-20 Ph/s and assume that this is put together by 14th May, using genesis block again gives the network hash rate to be 263.8 Ph/s. This gives the following:

* 2 Ph/s would represent 0.76% of the network, which is worth 383.04 BTC per round and 0.0009576 BTC per round per share.
* 20 Ph/s would represent 7.58% of the network, which is worth 3820.32 BTC per round or 0.0095508 BTC per round per share.

Let's say that their batch size is 20 Ph/s. A large proportion of that will be for sale and not go into their mines. I'd say around 0.005 BTC per round per share should be expected after the new chips start mining.

So, it's unlikely dividends will increase above what they are now.

It is even more unlikely that AM stays at 100TH forever. It is possible that AM delivers earlier than april/the competition and hardware sales could equate to more profit than mining with that amount of hardware.
2932  Other / CPU/GPU Bitcoin mining hardware / Re: Does my motherboard support 5 cards? on: December 29, 2013, 09:40:23 PM
Hi, i made a rig.

2 x 7870 hd
Athlon 2 x2 Processor
8 Gb Ram
500 gb hard drive
Cooler master gx 650w
Motherboard Gigabyte 990FXA-UD3

I want to know if that motherboard will support 4 or 5 cards.



I know how to build a pc, but i never used risers i am new in all that of PCI, etc.

Specs from newegg: http://www.newegg.com/Product/Product.aspx?Item=N82E16813128514

PCI Express 2.0 x16:   4 (x16, x16, x4, x4)
PCI Express x1:    2


Should be able to support 6 cards.

You will need a much more powerful PSU for 6 cards. I doubt 650W would even support 2 cards.

Also will need some pci x1/x16 riser cables for all the cards to fit with reasonable amount of space for air to flow.
2933  Economy / Computer hardware / Re: [WTS] USED Radeon HD 7970 - $350 on: December 29, 2013, 04:53:54 AM
EDIT: SOLD ON EBAY
2934  Economy / Computer hardware / Re: [WTS] USED Radeon HD 7970 - $350 on: December 29, 2013, 04:42:03 AM
What settings did you use to test it to achieve the 590kh/s?

Default low power settings for 7970

Thread concurrency: 8192
worksize: 256
intensity: 13

For some reason increasing intensity did not increase hashrate. Probably a way to fix that with a bit of tweaking.

500+ kh/s steady hashrate with low intensity. Hashing at 13 intensity does not have the slightest effect on web browsing or even video rendering I have noticed.
2935  Economy / Computer hardware / (sold)[WTS] USED Radeon HD 7970 - $350 on: December 28, 2013, 07:35:31 AM
Bought this to mine ltc but it doesn't fit in my case so I am going to buy a slightly smaller gpu.

Was able to test it without a case and it averaged 590kh/s but I am sure it can do better.


Info:

Model:   AMD Radeon HD 7970

MPN:   AX7970 3GBD5-M2DHG
UPC:   4712505029399

Clock Speed:   925 MHz
Memory Size;   3 GB

Expansion / Connectivity
Compatible Slots:   1 x PCI Express



Ebay listing: http://www.ebay.com/itm/141151318551?ssPageName=STRK:MESELX:IT&_trksid=p3984.m1558.l2649

Asking for $350 shipped*. BTC rate will be weighted avg from blockchain.info

*Free shipping only applies to US 48. Additional cost for international.

Escrow accepted at the cost of buyer.

Any questions let me know.
2936  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: December 28, 2013, 06:13:02 AM

800gh/s per baby jet? Maybe everyone doesn't have to bring out the pitchforks after all?
2937  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: December 28, 2013, 05:59:58 AM
Friedcat definitely missed a huge opportunity on the sales side.  It was obvious in March that the demand for hardware would persist into the 10s of Ph/s.  ASICMINER could have supplied a very large chunk of that.

I'm sure it was amusing selling hardware at >$500 / Gh/s to fools that would never see BTC breakeven on the gear.  But he could have just as easily sold several Ph/s at $50 to smart investors who stood on the sidelines and kept their money in hand.  That would have been >$100M in sales. 

I actually contacted Friedcat regarding this direction as my family had resources in China and the US to support distribution at this scale.  Even though I was a large shareholder at the time, he never bothered to respond.

Now he's planning to come to market with a 40 nm product when at least 5 groups will have a 28 nm device available before him.  Talk about bringing a knife to a gun fight!

Not sure how FC could have supplied huge amounts of hash rate with their old hardware? We all wish they could have waved a magic wand and supplied all demand but business doesn't work like that. Where was he going to get several Ph/s from Huh

From the same fab that built his wafers for him.  SMIC I suspect.  130 nm fabs run just about empty these days.  He could have built as much as he wanted.

There are already 3 datacenters filled with gen1 chips and that seems to be pulling around 100th/s.
2938  Alternate cryptocurrencies / Altcoin Discussion / Re: Scrypt ASICs - Likely coming soon or (finger crossed) not? on: December 28, 2013, 05:56:02 AM
Im pretty sure this thread will get locked or moved, as this forum is for Bitcoin mining  Undecided

That being said, GPU mining isnt going anywhere anytime soon for scrypt, and any scrypt-ASIC wont offer the near efficiency gain of SHA256 ASIC.

Agreed. I remember a post for a scrypt asic that would only be half the price per kilohash than gpus and that is shipping* 2014 q2/3.

* estimated dates are likely bullshit and will be missed by a few months.
2939  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: December 28, 2013, 05:09:42 AM
I wonder what the argument would be if the price of BTC had tanked?

Would anyone be complaining about refunds in USD?

Or would we all still want lower value BTC in return?


I for one would ask for btc regardless. I have faith in the long term use and viability of bitcoin, thus the day to day vagaries of the btc/usd exchange rate is not as important. I think most people agree with me when I say that we bought these things to mine BTC for us, not USD.



You need to understand that bitcoin cannot be a viable currency with the extreme volatility it currently has. Bitcoin like gold is a very good store of wealth and can be used to purchase things but only by using a conversion rate to a stable currency. You cannot price things with such a volatile currency which is why nearly all bitcoin products are priced in USD. Bitcoin will not be used as a currency until it is much more stable and that is a long time from now.

That being said HF agreed to this retarded deal so it is up to them to go through with their original promise. It is possible they had NRE completely covered as they said and all the BTC was stored in a cold wallet which would be the only way they could possibly afford to refund in btc.

Do we have any reason to believe HF did not keep all btc payments tucked away in case of refunds?
2940  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: December 27, 2013, 11:19:00 PM
Eta for next gen tape-out is jan 20th

Which does not mean next gen chips will be available then, in case that's what some of you were thinking. Sample chips will arrive about 2-3 months after tape out. For example, HashFast taped-out on 2013-09-05, the first wafers were completed on 2013-11-08, and sample chips were received on 2013-12-01.

So, next gen AM chips will likely be ready in March/April.

It is not really fair to compare asicminer to hashfast. However march/april does seem like a reasonable estimate for gen3 deployment.
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